The meaning of Methodological Individualism has been one of the most diversified concepts and is one of the basic methodological principles of the social sciences. It indicates an orderly, repeatable and self-correcting research procedure whose object of study is individuals and their set of...

Some economists in the Austrian tradition interpret the Arrow Impossibility Theorem (AIT) as support for their laissez-faire standpoint. They presume that the AIT cannot be applied in market settings, but in the context of voting, it adds weight to their arguments against the possibility of...

The Acton Institute's three-volume series on the Foundations of Economic Personalism contributes much to the dialogue between theology and economics. This article, however, identifies a number of shortcomings. These include an overly individualistic bias and a reliance on the Austrian school of...

The main contention of the present paper is that the tradition of the Austrian School is a paradigmatic example of the application of the Aristotelian golden mean to the realm of economic theorizing. Consequently, it argues that the Austrian tradition allows for uniquely clear and perceptive...

Ludwig von Mises pioneered the praxeological critique of economic interventionism. He argued that the state's manipulation of market processes through wage and price controls, taxes and subsidies, central bank credit manipulation, and other regulatory policies would create unintended and...

Dieser Beitrag geht der Frage nach, wie Wissenschaft als Wissenschaft in einer Gesellschaft wirksam werden kann, wenn die Ideen der öffentlichen Meinung über die Gestaltungsmöglichkeiten der Gesellschaftspolitik entscheiden. Die These dieses Beitrags lautet, dass Ludwig von Mises‘...